OPER vs VYM
Clearshares Ultra-Short Maturity ETF vs Vanguard High Dividend Yield ETF
Which is better, OPER or VYM?
Ultrashort Term Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OPER | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $115M | $81.6B |
| Dividend Yield | 4.21% | 2.22% |
| Holdings | 3 | 613 |
| YTD Return | +2.64% | +12.29%Best |
| 1Y Return | +3.88% | +16.61%Best |
| 3Y Return (annualized) | +4.48% | +17.42%Best |
| 5Y Return (annualized) | +3.76% | +12.12%Best |
| Volatility (annualized) | 0.7%Best | 15.4% |
| Max Drawdown | -3.0%Best | -35.7% |
| $10,000 over 5 years | $12,027 | $17,718Best |
| Fund Family | ClearShares ETFs | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Ultrashort Term Bond | Large Cap Value |
| Inception | Jul 10, 2018 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 11, 2018 to Sep 17, 2026 (8.2 years).
OPER vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.2 years both funds cover.
OPER vs VYM Performance
Clearshares Ultra-Short Maturity ETF (OPER) is an ETF from ClearShares ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OPER returned +3.88% while VYM returned +16.61%. Year to date, OPER is up 2.64% versus a gain of 12.29% for VYM.
Over three years, OPER compounded at +4.48% per year against +17.42% for VYM; over five years the annualized figures are +3.76% and +12.12% respectively. Across the full 8-year window we track, VYM has the edge at +10.30% annualized vs +2.32%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 0.7% for OPER. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.0% for OPER and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
OPER charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, OPER currently yields 4.21% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in OPER and 557 in VYM, totalling 0.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in OPER and 557 in VYM, against full books of 3 and 613.
You are not choosing between two funds in isolation.
Whichever of OPER and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OPER or VYM?
OPER has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, OPER or VYM?
Over the past year OPER returned +3.88% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), OPER annualized +2.32% vs +10.30% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OPER or VYM?
VYM has been the more volatile fund at 15.4% annualized versus 0.7% for OPER. Worst drawdown: OPER -3.0% vs VYM -35.7%.
Should I hold both OPER and VYM?
OPER and VYM have a monthly-return correlation of 0.13, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OPER or VYM?
OPER yields 4.21% while VYM yields 2.22%, so OPER currently pays the higher dividend yield.
Is VYM better than OPER?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.